1 / 19

I-680 Value Pricing: A HOT Lane Demonstration Project of “Smart Carpool Lanes”

I-680 Value Pricing: A HOT Lane Demonstration Project of “Smart Carpool Lanes”. Sponsor: Alameda County Congestion Management Agency 2003. Why High-Occupancy-Toll (“HOT”) Lanes?. Provide another option for travelers More efficient use of HOV lane and freeway capacity

bridie
Download Presentation

I-680 Value Pricing: A HOT Lane Demonstration Project of “Smart Carpool Lanes”

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. I-680 Value Pricing: A HOT Lane Demonstration Project of “Smart Carpool Lanes” Sponsor: Alameda County Congestion Management Agency 2003

  2. Why High-Occupancy-Toll (“HOT”) Lanes? • Provide another option for travelers • More efficient use of HOV lane and freeway capacity • Generate revenue for transportation improvements • Maintain public support for HOV lanes

  3. Why I-680? • New HOV lanes planned • 14-mile freeway distance with heavy congestion and directional commute traffic • Relatively few interim on/off users –Silicon Valley jobs on south end • Sufficient right-of-way • Financial needs

  4. How will tolls be collected? • All electronic toll collection (no toll booths). • Same technology as the current Fastrak system used for collection on all San Francisco Bay Area bridges.

  5. How does a driver know where to enter or exit the HOV/HOT lane? • Combined HOV/HOT lane will be separated form the regular freeway lanes by solid double yellow stripes. • Vehicles may legally enter or exit the HOV/HOT only at designated locations, where there is a gap in the solid stripes.

  6. How will it be enforced? • Enforcement will be primarily done by California Highway Patrol. • A light will flash on an overhead reader indicating when a toll-paying vehicle is using the lane. • Enforcement will be supplemented with video surveillance cameras as deterrent.

  7. How will toll levels be set? • Highest toll during peak-periods, lower shoulder and off-peak, nominal nighttime • Tolls will be adjusted up or down periodically depending on demand • Toll adjusted to ensure the combined HOV/HOT lane is never congested • HOVs always ride for free

  8. Toll –setting methodology • Begin with travel demand forecasts from regional model with no tolls • Using ECONorthwest Toll Optimization Model (TOM), derive first-run toll structure • TOM solves for tolls that meet efficiency, revenue maximization, throughput or other desired goals, interacting with regional model • Adjust toll levels and hourly traffic volumes for tolled and untolled lanes until efficiency criteria are optimized

  9. Toll-setting methodology • Users’ toll/non-toll decision based on tradeoff between travel time savings and paying toll • Importance of continuous distribution of users value-of-time for toll-setting • Account for peak-spreading over time • 5 toll levels: 2 peaks, 2 shoulders, off-peak • 2+ & 3+ carpool policies tested; with and without intermediate access

  10. Peak Toll Levels in 2006 (2002 $)

  11. How much will the toll be? • Expected starting peak toll between $3.00 and $4.00 • Toll will be adjusted up or down depending on demand • Toll adjusted to ensure the combined HOV/HOT lane is never congested

  12. Gross HOT Lane Revenues • Total revenues • Tolls would generate between $6.3 and $14.7 million in revenues in 2006; between $12.3 and $31.9 million in 2025. • For all Alternatives, carpool policy has dramatic effect on revenue • HOV 3+ policy generates significantly more revenue.

  13. At realistic 4 % discount rate, 20-year net present value of operating incomes (million 2002 dollars), for 2+ and 3+ carpool policies and with and without intermediate access (IA) Net Operating Income

  14. How will toll revenues be spent? • Pay for HOT lane operations • Improved bus service on I-680 corridor • Capital improvements on I-680 corridor

  15. What will we learn from the demonstration project? • Do drivers see HOT lane as worthwhile? • How much are they willing to pay? • How many vehicles and people can move through the corridor? At what speeds? • Can smooth traffic flow be maintained? • How much revenue will be generated? • Will it be perceived as fair?

  16. What are the challenges? • Enforcement & toll collection effectiveness • Impact on HOVs • Constraint on access to HOV/HOT lane • Institutional arrangements/management • Bay Area drivers’ unfamiliarity with toll roads and restricted access HOV lanes

  17. Other Northern California Studies • I-880 commercial vehicles • Sonoma/Marin US 101 HOT Lanes • Santa Cruz Highway 1 • Bay Bridge Congestion Pricing

More Related